Securitisations perform in benign conditions

Structured finance transactions in Australia and New Zealand continued to perform well in 2Q18, said Fitch Ratings, with 149 transactions affirmed, three tranches upgraded and six reverse mortgage tra.. read more

No data, no records box in NAB

There's "a lot of things in boxes … we had no digital data, no physical records [and] I knew there were a lot of things that needed to be fixed" a harassed NAB executive Andrew Hagger told the banki.. read more

IOOF 'diluted' CMT payouts

The forthcoming takeover by IOOF of ANZ's wealth business may provide a circuit-breaker for APRA's "governance concerns" over the wealth manager. read more

Interest only reset yet to distress

There has been "little sign of widespread financial distress" among those who have had their interest periods expire and have started making principal repayments, the RBA said on Friday. read more